Dollar jumps immediately after an all round solid job report.
Non farm payrolls grew 223k in May, above expectation of 190k.
Unemployment rate dropped to 3.8%, beat expectation of 3.9%. That’s also the lowest level in 18 years.
Average hourly earnings rose 0.3% mom, beat expectation of 0.2% mom.
Fed is widely expected to raise interest rate agian on June 13 even though market pared back some bets. Today’s data will put Fed back on track for another hike in September.
